Senior Mortgages

Senior Mortgages

Senior Mortgages - Senior mortgages are available to senior citizens requiring mortgages. They are offered from a plethora of different, both national and international, and are aimed at those in later life looking for finance. Using our outstanding relationships with senior underwriters at national and international lenders, we aim to secure senior mortgages for our clients within a time frame that suits you. Our comprehensive senior mortgages service includes completing all paperwork and reassessing our client’s cases regularly when a new product comes on to the market to make sure they are always receiving the most suitable and affordable senior mortgages on the market.

Depending on your age, earnings from investments, pensions and any other sources of income, our senior mortgages brokers will be able to assess which lenders will provide the capital you require on the repayment method you wish.

We can seek to secure senior mortgages for customers up to 85 years old on an interest only and capital and interest basis. While the former will normally have lower monthly repayments, the latter settles the mortgage debt over the course of the term. This is providing all payments have been made in full and on time. Senior mortgages applicants choosing an interest only option will need to organise another investment to pay the original mortgage capital by the end of the agreement. Though we can secure finance, clients will need to speak to an Independent Financial Advisor to arrange an IS A, pension or endowment policy to pay down this lump sum as we a re unable to offer advice on investments.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

If you are looking for money to pay for home improvements or repairs, or simply to find a more suitable rate than your current senior mortgages provider, then call our team of advisers who can help.

How to get in touch

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Selected Mortgages For Aged 60 to 90

A selection of some of our lenders mortgage products and rates are shown below. Contact us for a quote specific to your circumstances. Table data updated 04/04/2016.

CodeIntial
Rate
Mortgage
Type
For /
Unit
Subsequent
Rate
APRCCEarly
Repayment
Charge
Fixed Lender
Fees
% Lender
Fees
Notes

001

*SEMI EXCLUSIVE*

2.64% Discount Variable 3 Years 4.79% 4.41% 3% withinh first year. £945 None

Maximum age 94 (subject to age at application)

Repayment Only

Maximum 80% LTV

 

002

 

1.69% Discount Variable 30/06/2018 5.95% 5.28% 1% until 30/06/2018 £199 None

Maximum age 85

Free Standard Valuation

Repayment only

Remortgages and Purchases

Maximum LTV 80%

 

 

003

 

 

2.99% Fixed 31/08/2020 5.95% 5.07% 3% until 31/08/2020 £999 None

Maximum age 85

Free Standard Valuation

Repayment

Remortgages and Purchases

Maximum LTV 80%

004

*EXCLUSIVE*

2.99% Discount 5 years 5.49% 4.86% 2.5% in year 1 then 2% in year 2. Then 1.5% in 3rd year... £0 None

No max Age

Interest Only

Remortgages and Purchases

Maximum 80% LTV